KP3RUSDT is testing the supportThe price created a big triangle on the daily timeframe and now the market is testing the daily support at 128$ on 0.618 Fibonacci level.
On the 4h timeframe, the price got several rejections from 140$ area where the market created a local resistance after a nice bullish movement from 90$ area.
How to approach it?
IF the price is going to lose the 0.618 Fibonacci level support, we could see a bearish impulse until the previous support, so, According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
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Follow the Shrimp 🦐